Transparent by DefaultRegulated by Design
Meridian Asset Ledger operates inside Canada's regulatory framework — not around it. Every compliance decision is documented, auditable, and disclosed.
CSA Sandbox
Active 2026
FINTRAC MSB
In Progress
PIPEDA
Compliant
SOC 2 Type II
Annual Audit
Regulatory Status
CSA Regulatory Sandbox
Meridian Asset Ledger is an approved participant in the Canadian Securities Administration (CSA) Regulatory Sandbox for the 2026 fiscal year.
Scope: Testing tokenization of real-world maritime assets under relaxed regulatory constraints.
FINTRAC Registration Path
We are actively preparing for registration as a Money Services Business (MSB) with FINTRAC to comply with federal AML/CTF legislation.
Timeline: Expected registration in Q3 2026.
Current Compliance Framework
AML/KYC Screening
All investors undergo sanctions screening (OFAC, UN, EU) and identity verification.
Data Residency
All customer data stored in AWS Canada (Central) per CSA requirements.
Audit Trail
Immutable blockchain records and AWS CloudTrail logs for regulatory audits.
Third-Party Audit
Annual SOC 2 Type II compliance audit and external security assessment.
Privacy Policy
Personal Information We Collect
- • Name, email, and contact information
- • Government-issued ID (for KYC verification)
- • Bank account details (for dividend distribution)
- • Wallet address (for blockchain transactions)
- • Browsing behavior and IP address (via analytics)
How We Use Your Data
- • KYC/AML compliance and fraud prevention
- • Regulatory reporting to CSA and FINTRAC
- • Asset tokenization and dividend distribution
- • Platform improvement and customer support
- • Marketing communications (opt-in only)
Data Security
All personal information is encrypted at rest using AES-256 and in transit using TLS 1.3. We employ AWS KMS for encryption key management and maintain strict access controls. Data is stored exclusively in AWS Canada (Central) data centers to comply with Canadian data residency requirements.
We conduct annual SOC 2 Type II audits and undergo third-party security assessments. Any data breach is reported to affected parties and regulatory authorities within 48 hours as required by Canadian law.
PIPEDA Compliance
Meridian Asset Ledger complies with the Personal Information Protection and Electronic Documents Act (PIPEDA). You have the right to:
- ✓ Access your personal information
- ✓ Request correction or deletion
- ✓ Withdraw consent for data use
- ✓ File a complaint with the Privacy Commissioner of Canada
Contact: privacy@meridianassets.ca
Risk Disclosure
Investing in Meridian Asset Ledger tokenized real-world assets involves substantial risk of loss. Please read carefully.
Maritime Asset Risks
- ⚠
Weather & Environmental Damage
Storms, accidents, and natural disasters can result in total loss of asset value.
- ⚠
Market Volatility
Shipping rates and fuel costs fluctuate unpredictably, affecting yield projections.
- ⚠
Operational Risk
Management failure, crew accidents, or regulatory violations can disrupt revenue.
- ⚠
Geopolitical Exposure
Sanctions, port closures, and maritime conflicts affect operational routes.
Blockchain & Technology Risks
- ⚠
Smart Contract Exploits
Undiscovered bugs in token contracts could result in loss of funds.
- ⚠
Exchange Risk
Secondary market liquidity is not guaranteed—you may not find buyers.
- ⚠
Oracle Failure
Chainlink outages could delay yield distribution or price updates.
Regulatory & Legal Risks
- ⚠
Regulatory Change
New laws could restrict token trading or asset tokenization after purchase.
- ⚠
Sandbox Expiration
CSA Regulatory Sandbox status expires in 2026. Future status uncertain.
- ⚠
No Deposit Insurance
Meridian assets are NOT covered by CDIC insurance. Loss is permanent.
Investment Suitability
Meridian Asset Ledger tokens are suitable only for accredited investors who:
- ✓ Understand blockchain and maritime assets
- ✓ Can afford complete loss of investment
- ✓ Have a long-term investment horizon (3+ years)
- ✓ Are not relying on these assets for living expenses
Disclaimer: This is not investment advice. Consult a financial advisor before investing.
Questions?
Legal Inquiries
For privacy concerns, data requests, or compliance questions:
legal@meridianassets.ca
General Support
For platform, investment, or technical support:
support@meridianassets.ca
Mailing Address: Meridian Asset Ledger, St. John's, NL A1C 6G7, Canada